Home Business Expert: How To Set Your Goal – Short, Mid And Long
Now that you have established your own home business and have become your own boss, the world seems to be at peace with you. But to truly make your home business a roaring success, you need to know how to set your goal - short, mid and long.
Learning how to set your goal - short, mid and long has many advantages. The principal tool for motivation in any home business is goal setting, without which the whole thing may go haywire. This however may take some time and involve careful planning. Setting an abruptly high goal within a short span of time may lead to indubitable failure resulting in deep disappointment while a marginally set goal will not let you push forward. Workable, attainable goals set in reasonable time frames are ideal for people who own home based businesses. This is why you need to know how to set your goal - short, mid and long. In fact, your business can move forward in the right direction only when you know how to set your goal - short, mid and long.
How to set your goal – long term goals
Long term goals are those targets where you want to find yourself eventually in a few years time. Where you want to reach will obviously depend on the kind of ambition you have. If you are highly ambitious, you will want to set a high target that is difficult to achieve but not impossible. But on the other hand, if as a home business owner your priorities are to stay close to the family, you might want to work just enough so that you can sustain yourself. Take a look at where others are in the home business that you are doing and you will know how far the business can take you. Set your goals based on this.
How to set your goal – mid-term goals
This will depend on your long term goal. For example, if your long term goal is to earn 10 million dollars in 5 to 7 years from now, you need to set your goal to be at least somewhere near the 3 to 4 million mark in about 3 years time. Here is another example – if you are selling homemade cookies, you might want to have 100 customers a month in 2 years time. Set your midterm goal in such a way that you have 50 after a year.
How to set your goal – short term goal
This is probably the most important because your actual goal for the short term and what you do to achieve this will determine whether you will reach your mid-term or the long term goal or not. This is why setting the short term goal is so important. Break up your short term goals into even smaller units that may be for sessions or for days. For example, you can set a target for a day and decide that this is what you want to do today. But when you are doing this, be realistic.